CAI trades 54.8% below Wall Street's consensus target of $28.60.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CAI achieves its forward estimates and maintains a stable P/E multiple of 138.8x. This scenario reflects the blended consensus of 7 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Caris Life Sciences, Inc. (CAI) has a Wall Street consensus price target of $28.60, based on estimates from 7 covering analysts. With the stock currently trading at $18.47, this represents a potential upside of +54.8%. The company has a market capitalization of $5.22B.
Analyst price targets range from a low of $21.00 to a high of $38.00, representing a 59% spread in expectations. The median target of $30.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 6 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, CAI trades at a trailing P/E of -9.7x and forward P/E of 138.8x. Analysts expect EPS to grow +10.6% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
EXASExact Sciences Corporation | $20.0B | $104.91 | $105.00 | +0.1% | Buy | 582.8x | 41 |
ILMNIllumina, Inc. | $24.6B | $161.93 | $151.40 | -6.5% | Buy | 31.0x | 50 |
NTRANatera, Inc. | $33.1B | $231.41 | $259.88 | +12.3% | Buy | — | 27 |
GHGuardant Health, Inc. | $17.5B | $131.78 | $147.00 | +11.5% | Buy | — | 30 |
FDMT4D Molecular Therapeutics, Inc. | $505M | $9.66 | $33.00 | +241.6% | Buy | — | 14 |
CDNACareDx, Inc | $1.4B | $26.18 | $27.00 | +3.1% | Buy | 28.0x | 13 |
PACBPacific Biosciences of California, Inc. | $435M | $1.40 | $1.00 | -28.6% | Buy | — | 18 |
CERTCertara, Inc. | $862M | $5.54 | $9.00 | +62.5% | Buy | 14.4x | 16 |
ACMRACM Research, Inc. | $7.3B | $109.87 | $100.00 | -9.0% | Buy | 55.2x | 10 |
TMOThermo Fisher Scientific Inc. | $172.7B | $464.61 | $599.70 | +29.1% | Buy | 18.7x | 42 |
Quick answers to the most common questions about buying CAI stock.
The consensus Wall Street price target for CAI is $28.6, representing 54.8% upside from the current price of $18.47. With 7 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CAI has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $28.6 implies 54.8% upside from current levels.
At a forward P/E of 138.7678x, CAI trades at a premium valuation. The consensus price target of $28.6 (54.8% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $38 for CAI, while the most conservative target is $21. The consensus of $28.6 represents the median expectation. These targets typically reflect 12-month expectations.
CAI is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CAI stock forecast based on 7 Wall Street analysts shows a consensus price target of $28.6, with estimates ranging from $21 (bear case) to $38 (bull case). The median consensus rating is "Buy".
CAI trades at a forward P/E ratio of 138.8x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on CAI, with a "Buy" consensus rating and $28.6 price target (54.8% upside). 6 of 7 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CAI analyst price targets range from $21 to $38, a 59% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $28.6 consensus represents the middle ground.
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